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HUGE GROUP LIMITED - Trading Statement

Release Date: 17/05/2016 17:24
Code(s): HUG     PDF:  
Wrap Text
Trading Statement

HUGE GROUP LIMITED
(Registration number 2006/023587/06)
Share code: HUG ISIN: ZAE000102042
(“Huge” or “the Company”)


TRADING STATEMENT

In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, a
listed company is required to publish a trading statement as soon as a
reasonable degree of certainty exists that the financial results to be
reported upon next will differ, by at least 20%, from the financial results
for the corresponding period in the prior year.

Huge is in the process of preparing its annual financial results for the year
ended 29 February 2016.

Shareholders are accordingly advised that a reasonable degree of
certainty exists that the Company’s results will reflect an increase in
earnings per share (“EPS”) and headline earnings per share (“HEPS”) of
between 38% and 48% when compared to the EPS and HEPS for the year
ended 28 February 2015 of 12.80 cents per share, resulting in an EPS and
HEPs of between 17.66 cents per share and 18.94 cents per share.

This trading statement has not been reviewed or reported on by the
Company’s external auditors.


Johannesburg
17 May 2016

Sponsor
Questco (Pty) Ltd

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